Galen founder sold 700,000 shares

The founder of Galen Holdings sold 700,000 shares in the company on Friday, netting over €7m, according to the London Stock Exchange today.

Galen founder sold 700,000 shares
Mon, 21 Jul, 2003 - 18:17

The founder of Galen Holdings sold 700,000 shares in the company on Friday, netting over €7m, according to the London Stock Exchange today.

Dr Allen McClay sold at stg £7.10 per share following confirmation that the company was in takeover talks with US drugmaker Barr Laboratories.

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CourtsHeathrowPlace: New JerseyPerson: Allen McClayOrganisation: GalenOrganisation: Galen HoldingsOrganisation: London Stock ExchangeOrganisation: Barr LaboratoriesOrganisation: Craigavon
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